Recap: Sovos Brands Q4 Earnings

Sovos Brands SOVO reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Sovos Brands beat estimated earnings by 37.0%, reporting an EPS of $0.26 versus an estimate of $0.19.

Revenue was up $29.95 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 0.0% increase in the share price the next day.

Here's a look at Sovos Brands's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.15	0.13	0.15	0.16
EPS Actual	0.20	0.17	0.18	0.19
Revenue Estimate	226.04M	213.51M	233.59M	231.50M
Revenue Actual	257.94M	217.63M	252.79M	262.10M

To track all earnings releases for Sovos Brands visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.